In a surprising development in U.S. politics, former President Donald Trump recently announced his intention to appoint billionaire Elon Musk as head of a new government efficiency commission if he wins the 2024 election. This commission, a proposed “Department of Government Efficiency,” would focus on reducing government waste and improving federal operations, marking Musk’s…
Indian billionaires Mukesh Ambani and Gautam Adani recently faced massive losses as the stock market took a significant downturn. Combined, their wealth plummeted by a staggering Rs 1.15 lakh crore, a clear sign of the volatility currently affecting the Indian market. The primary reason behind this steep decline is attributed to a global market sell-off that shook investor confidence and impacted…
The House of Saud, the royal family of Saudi Arabia, is recognized as the wealthiest family in the world with a net worth of approximately $1.4 trillion. Their fortune surpasses the combined wealth of tech moguls like Elon Musk, India’s richest man Mukesh Ambani, and industrial tycoon Gautam Adani. With a legacy deeply tied to Saudi Arabia’s oil wealth, the House of Saud’s wealth continues…
Mark Zuckerberg has officially surpassed Jeff Bezos to become the world’s second-richest person, with his fortune now standing at a staggering $206 billion. This remarkable milestone was reached as shares of Meta Platforms Inc., Zuckerberg’s flagship company, saw a significant rise in value, cementing his place as one of the most successful tech moguls in history.
Zuckerberg’s meteoric…
Rizwan Sajan, one of Dubai’s richest Indians, is a living testament to perseverance and entrepreneurial spirit. His journey from humble beginnings in Mumbai’s slums to building a billion-dollar empire is nothing short of extraordinary.
Early Struggles in Mumbai
Born into a middle-class family, Sajan faced immense financial hardship early on. At the age of 16, after his father’s…
Francoise Bettencourt Meyers, the French billionaire heiress and chairwoman of L’Oréal, has taken the crown as the world’s richest woman, surpassing Walmart’s Alice Walton. Her estimated net worth now stands at a staggering $93.6 billion, reflecting the enduring influence of the global cosmetics giant L’Oréal, founded by her grandfather in 1909.
The shift in power comes amid continued…
Selena Gomez, the beloved singer, actress, and entrepreneur, has officially entered the billionaire ranks. Known for her versatility in the entertainment industry, Gomez’s recent financial milestone is largely attributed to the soaring success of her beauty brand, Rare Beauty.
Rare Beauty, which Gomez launched in 2020, has quickly become a major player in the beauty industry. The brand’s…
Adani Power is set to significantly increase the capacity of its Kawai power plant in Rajasthan through a planned investment of Rs 18,000 crore. The current capacity of 1,320 MW will be expanded to a total of 4,520 MW, achieved in two distinct phases.
Project Overview
The Kawai plant, an essential component of Adani’s energy portfolio, currently generates 1,320 MW of power. With the…
Summary:
Rajiv Singh of DLF tops the 2024 Hurun India Real Estate Rich List with a wealth of ₹1,24,420 crore.
Mangal Prabhat Lodha and Gautam Adani follow in second and third place, respectively.
DLF leads in company valuation at ₹2 lakh crore, showcasing the robust growth of the Indian real estate sector.
The report highlights a significant increase in the wealth of top real…
In 2024, a staggering 79% of the richest Non-Resident Indians (NRIs) have achieved theirbillionaire status through self-made means, as highlighted by the latest Hurun India Rich List.Leading the pack is Gopichand Hinduja, whose family amassed a fortune of ₹192,700 crore,making them the wealthiest NRIs globally. Other notable names include LN Mittal with₹160,900 crore and Anil Agarwal…